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20131202
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Search Results 0 to 49 of about 149 (some duplicates have been removed)
Bloomberg
Dec 9, 2013 5:00am EST
be sold. be doing so. >> thank you, caroline. on he u.s. is clamping down tax evasion. urged to s are being participa participate. we have all the details. been talking about it. this could be the end of the ing -- bingeing. >> we are at the turning point they the americans believe $100 billion. u.b.s.. has gone after the department of justice saying you notice,ve given we want you on board and go for voluntary disclosures in terms names of people that you have helped evade taxes and swiss saying guys get on board with this program because don't you potentially face criminal investigation and fines. that s one way of jumping and staying in the u.s. and saying to the authorities look, numbers the names and and it definitely has had an impact. in terms of u.s. assets overseen byswiss banks it has dropped 70% and the americans said yeah swiss bank account and the amount of money. >> this is the disclosure. saying i think you should comply now otherwise they say spying. 14 banks are already involved in criminal investigation and go to the after you sites so you have credit suisse, h
PBS
Dec 2, 2013 7:00pm PST
on sunday shopping. part of the bitter arguments over how to ease up on taxes in france all still feeling the state's coffers. his dispute with the dresses were soon enough we'll be talking about. in the false and yet today the study although in the newsroom and say hello once again to their product thank you cards like these are the headlines. at that peace is better than the good ol' ukraine's president reacts to protest is stepping up to campaign for the resignation of the campus i'll do anything to an upright ten spots resign thailand's prime minister has more clashes break out today seizing k gas and rubber boats. french prime minister about to come up with a clear at all. lacking something. ukraine where president any cutbacks has reacted to the unrest sparked by his feet and on closer ties with the eu by calling for any peaceful protests this on to clashes in kiev with independence plan is being taken diapers you can see that by anti government protest is it called for general strike. the prime minister says their actions amount to pick it up. he is not correspond to encounter the
CSPAN
Dec 1, 2013 10:25pm EST
is you do have companies have moved jobs overseas because of corporate tax rate, workers here, rules, regulations, or other types of policies. to try to get the countries to -- and they are, reshore the jobs back to america. in order to retain our jobs, we have to have the right skill our, the right education in nation to be able to provide those employers with the skills we need. now, we have a mismatch. back 55 years ago. of the jobs in america needed a high school degree to reach the middle class. your word, byron, middle class. to reach the middle class to make a good wage in america. ecause of technology, innovation, how we travel across the world and how we compete in global economy, now that number has dropped down it's not 79% anymore. it's around 35% of our jobs in high school a diploma, which means we have a big skill scant. it's in the manufacturing jobs, john. you can't show up with a high get l degree and expect to a job in a manufacturing plant. you have to have some type of to do, to read, to write, basic math, to operate to machinery, the equipment, the things that yo
Bloomberg
Dec 5, 2013 4:00am EST
figure. we are way out of line with countries like france and germany where taxes are much lower. at this stage of the economic recovery, small and medium-sized businesses need cash. they could bust because of lack of cash. it really needs reforming. >> let's talk about small and medium enterprises. what does this institution find here -- need to do to give suffrage to the small and medium enterprises? it needs to be frozen and then reviewed. these smes also need to have access to finance. fillre trying to for orders from overseas, often turning the down because they can't get the working capital. what they need is a business bank. capital ratherve than having to rely purely on equity. other countries have a business bank. the united states, canada, france, italy, germany has a fantastic business bank. very very important. >> we talk about the small and enterprises, the ability to pay taxes is critical. what additional support would hear?ke to do you really think he is going to give you anything in this statement? >> i would hope he would, but the export support area is a critica
CNBC
Dec 6, 2013 7:00pm EST
really bad risk pools. all right, so this is going to be budget neutral. not involved with tax payers. what they did not anticipate was that wasn't going on the an isolated problem, but an industry wide problem so then who comes in? the government. i'm sorry did i say if government? i mean the taxpayer. it's a bailout to make sure they don't leave the program after 2014. if they flee the program, the whole edifice begins to collapse. absolutely a bailout. >> as of monday, a good report from "the new york times" and others, as of monday, they're lowering the so-called individual threshold. it used to be $60,000 losses and then the government would help them out and now it's only $45,000. the enrollment is not going to favor the young people. this is a democratic thing. why are you democrats always in bed with the big corporations and this crony capitalism around the big trade you know on the labor? why can't you play it straight? >> and this is the same argument we're having over in the budget world where we don't want to close corporate tax loopholes? >> i want to close corporate tax
Bloomberg
Dec 9, 2013 2:00am EST
japanese companies can stay competitive under his policies. regarding the corporate tax starting next fiscal year, we decided to reduce by 2.4% and we will be moving forward with reviews and studies on how corporate tax should be in order for japanese companies to stay competitive. thee will have a more from exclusive interview throughout the program. >> ukraine. protesters have flooded the streets of the capital among speculation that the president is going to sign up to a russian trade bloc. david tweed is there. angela merkel must be keeping a close eye on that. >> i want to give you an idea on how much of the german media and political establishment -- i want to show the right side the newspaper. this is the picture on the front and is also on the front of several other national newspapers that the statue of lenin was toppled late last night. and then decapitated. this is a big issue for angela merkel. last week, the german foreign with the president will stop some of the opposition of the coalition is quite well known. he's a former world champion boxer. the interesting thing is
CNBC
Dec 9, 2013 6:00am EST
which is trying to make a big stink about this suggesting that they wouldn't, for example, allow tax cuts or other types of things for certain companies and not others, right? this is whether we should have tax cuts. >> this happens all the time. totally incestuous between public and private constantly. look at places like illinois now where any company that stays is getting some kind of a deal except probably the small ones. >> except the small ones. any company of any size is getting a deal. >> maybe the rolls should be across the board nothing? >> no. >> a friend of mine, joannea kagan. >> didn't bob kraft do it in foxborough? >> i don't know enough. >>> let's talk about the next story. if you work on wall street and are considering growing a beard, an article in "the new york times" says that while beards are in fashion right now, that is not the case in the finance industry. i guess it's okay in fashion, it's okay in design. a lot of different areas if you're a helpster but in the fashion world, gentleman, the argument goes it looks like you have something to hide. >> you could
PBS
Dec 1, 2013 8:00pm PST
that this is laden with risks and problems with morning sun just about everything. taxes and death no count suggests the worst air and higher taxes. eu membership month it's as scotland can forget about it the trident nuclear program david cameron claims getting rid of it is a bad idea in case of the book to a nuclear attack. my teeth and the roaming charges the immobile fellas if the split happens at the list goes on to stop the project the year by the yes camp they accuse the government of scaremongering stopped in to vote no and this is the white paper will prove that independence would bring about a jobs bill and a thriving economy concerns that resonate with voters this white paper answers some six hundred and fifty questions said that details give me the marquee their two main categories here one knows it will be negotiated during the transition period and another ideals to be made to become independent scottish government is in deed for warmth. they promise and eat a lot of breaking down of all the policies they want to pursue the system what a sad little supply coal to damaging wish list of
CNBC
Dec 5, 2013 4:00am EST
another massive package including more than $50 billion in spending to help offset sales tax hike. >>> mario draghi should be holding fire, despite the recent drop in inflation. investors eyeing the ecb's economic staff projections. >>> and i told you so. british chancellor george osborne may have reason to gloat. >>> and china's financial institutions are warning against trading bitcoins as the bank admits while there are risks, it could still use the currency. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. hello. a warm welcome to the program. the government has just unveiled an $18.6 trillion yen stimulus package which includes 5.5 trillion yen in fresh spending measures. this is to offset the accuracy in the sales tax which is coming in in april which raises the rate effectively from 8% to 5%. it follows the unveiling of a 10.3 trillion package back in january. a number of measures will be expected as far as this package is concerned. particularly for those on the lower income as well. we will get those measures as soon as
CNN
Dec 3, 2013 3:00am PST
. >> it truly is. >> which is why taxes become an issue. we'll talk about that later in the show. indra petersons loves taxes. >> shopping to taxes, you just took me from here to there. >> she used to work with the irs before getting into weather. >> i'm not listening. just painful right now. let's talk about what's going on in the southeast. still talking about a wave of energy, cloudy, light showers. not a big deal into the southeast. temperatures look at this, they're amazing. we're still talking about temperatures into the 70s through atlanta, especially by tomorrow in through boston, temperatures right where they should, maybe a hint above normal. all of this is going to be changing thanks to a system out west. talk about snow. yes, we're talking about anywhere from wisconsin back through colorado. look at all these winter weather advisories. we know there is a change in store for us out on the east. of course as the system finally makes its way east. for today, 1 to 2 feet of snow, extending farther in through colorado and minnesota. we'll be looking at that as well. you can see t
CSPAN
Dec 7, 2013 6:00am EST
and large the perimeters of the tax and apply it to areas outside the statute contemplated? >> no. >> let me qualify that. this is an abstract question. >> i will give you a chance to respond. you cite bureaucrats in the administration on the president's conduct but you don't cite any quotes for the president himself justified in his conduct and what is interesting in the most recent legislative six for the grandfather plans here is what the president says. already people that predated them can keep the plans they have in place. that was already in the law and that is what was called a grandfather clause that was included in the law. today we are going to extend that principle to people whose plans have changed since the law took effect and people that bought plans since it took effect. in other words, obamacare has a grandfather clause anything after the enactment of obamacare is illegal unless it meets the statutory requirement. with the president is saying as he is extending a grandfather clause to cover plans beyond what the statute contemplates so you think that's appropriate? >> i thin
Bloomberg
Dec 5, 2013 8:00am EST
tries to get fiscally and physically fit. will a tax on junk food and soda be a solution? it is not just for drinking and we will talk to a man who claims to have the best whiskey collection in the u.s.. why the drink could make a better investment than stocks. stay "in the loop." we're just getting started on this thursday. >> "in the loop" with betty liu will be right back. ♪ >> well, ford is unveiling the new mustang today at an event that some might call the latest evidence of a renaissance among detroit's automakers. a beautiful card. , and manufacturing in the u.s., but our next guest disagrees. he writes in his latest bloomberg view column economist gary shilling joining us. always rate to see you. see you.to so, why are you so down? >> well, i am not down. taking up in is this country and there is this reassuring, if you will, coming back, but it is robotic- intensive. mean, robotic intensive -- workers are not being hired? >> that is right. the output per employee in manufacturing it is right back on trent, growing 3.5% a year. as a result, with the revival of manufacturing, t
CNBC
Dec 4, 2013 7:00pm EST
all boats. we don't need redistribution tax hikes, we don't need state run health care, more spending, lower the incentive barriers and bring us growth. here's another big problem for president obama, the millennials are abandoning him and obama care in droves. a new poll shows plunging support from young people. because the obama care website is in such bad shape, the government now has offered to bail out insurance company profit and losses, and in a possible second bailout, provide the insurers with guest estimates of health care subsidies. this whole story has gone haywire. all right? all of this and more coming up on "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." we're live here at 7:00 p.m. eastern, 4:00 pacific. president obama tries everything we can to get the attention away from the obama care, anything. today he went back to his old stand by, the rich. for more on the president's remarks about, quote, income inequality, end quote, let's bring in nbc's own steve handelsman. steve. >> reporter: larry, thanks
CSPAN
Dec 2, 2013 8:00am EST
to have a tax on every model? you have to have a license to use the radio and pay it to the government, and the government runs the government broadcast, the bbc. in america that didn't go down terribly well, so advertising was proposed. there was enormous opposition. oh, no, you're going to clog up radio, we're going to have to listen to ads. it's just like how people reacting to advertising on the internet or advertising on twitter, instagram, this is terrible. this is exactly what happened with radio and, of course, advertising did come in, and it turned out to be the way you sustain that model. so every soap operas and all the other sorts of things. but it's a very familiar debate for those of us who use the internet today. >> host: october 29, 1969, bob taylor, charlie klein and re hard kleinrock. what happened? >> guest: this is turning on the internet. they didn't realize it at the time, but they were establishing the first link in what grew to become the modern internet. and this was an experimental network at the time, and it didn't work. it crashed after two letters. so they
CSPAN
Dec 4, 2013 7:00am EST
insurance at a reasonable cost through choice and competition on this marketplace and tax credits that you may be eligible for that can save you hundreds of dollars in premium costs month potentially. to -- now that we are getting the technology fixed ande need you to go back take a look at what is actually going on. it can make a difference in your lives and the lives of your families. the president yesterday as onlaunches the second act healthcare.gov, encouraging people to go to the website and try again. the washington times this -- the president leader and chief on obamacare. -- salesman -- cheerleader in chief for obamacare. democrats and the president are expected to have a coordinated effort in pushing healthcare.gov. --e is a congressman's tweet what do you think about the rollout of healthcare.gov enter the president fire somebody? betty in albuquerque, new mexico. democrat. thank you for accepting my call. this particular congress that we now -- i believe the th -- hasnd 12 -- 112 title of the greatest do-nothing congress in the history of the united states. they have been held
FOX Business
Dec 4, 2013 1:00pm EST
should not be fooled by that. ashley: commuting get as little more taxing. the amount of workers can put transit costs cut in half by congress. at least those with the train. that is outrage. tracy: because they have drive evers? in tech minute we'll review lg's curved glass phone which is about to hit the store shelves. ashley: the dow has been down over 100 points for a long time but as you can see, desperately trying to make a comeback, down 99 points or there abouts. the market has been under a little bit of selling pressure these last several days. get breaking news on the fed beige book. peter baron's with the details. peteer? >> hey, ashley and tracy, the beige book for november says the economy continued to expand ad a modest to moderate pace from mid-october through mid insofar as november and the report does not appear to tee up tapering of bond purchases cuttings back on quantitative easing in next two weeks when the report will be used by policymakers. this reports e has the same language on the economy and job creation as the last meetings on beige book in october when the f
Al Jazeera America
Dec 2, 2013 10:00pm EST
the state to collect sales tax on outer state companies. are higher bills ahead and are the justices a group of grinches. what do black friday and cyber monday say about the state of the economy. let's nask "fortune" magazine claire zillman about this. what does this mean for online shopping. will it make it expensive in the future? >> it's evolving. the supreme court decided not to take up this decision. it backs on to a 1992 supreme court which is out of date, dealing with a catalogue merchant. the most notable decision is a 2008 law by new york state alog the state to collect sales taxes through online retailers even if they didn't have a physical presence in that state, in new york. >> there could be federal law passed. the senate and the house are looking at a lou deciding whether companies could be taxed. >> in not taking up the issue, it sort of looks like the supreme court deferred to congress, and the senate this past spring passed a bill in line with the new york law allowing states to collect through retailers without a physical presence. >> that will be a big hit for consumers. i
Bloomberg
Dec 8, 2013 6:00pm EST
will it be coming? quantitive easing. structural forms. is a consumption tax. it has been given. >> very big right now in terms of what these reforms are going to be. >> that is the question. you can see abenomics continue in rallying the troops. not everybody thinks the momentum is continuing. >> they used to advise. george soros and here he is. may be the fiscal conditions become sound. our life will be terrible. there is no exit. that is borrowing words again. he wants to end deflation. it is extreme. we were told deflation. >> how viable is that? anit is going to have to see extension. if you talk about the wages, it is probably the most important component they need to get on board. it is going to be really hard convincing the rest of the corporations that they should consider the projections. there's a economics theory of what inflation will produce. deflation is ending. biggest rise in winter bonuses. that is a big boost. these will start flowing to japanese consumers who absolutely are dependent. >> they're trying to wire this before the tax comes in. >> the fourth quarter is always usuall
FOX Business
Dec 5, 2013 4:00pm EST
difficult to borrow money. cities like nations depend on borrowing money to pay their bills. >> taxes will go up and services will get cut. that is not a good combination. david: talk about cities might be in the same boat. chicago of course we hear about. new york, particularly with a new mayor that has a lot of spending promises he may not be able to deliver on, baltimore, san bernardino, which ones will be next? >> san bernardino is already in bankruptcy. small cities already. desert hot springs on verge of pennsylvania. scranton, pennsylvania is insolvent. it would be in bankruptcy except state is keeping it out of bankruptcy. it has a big judgement has to pay workers it can't afford. you talk about chicago. chicago is not in the same kind of economic shape detroit is but chicago has a huge, huge pension problem. some of its pension funds are only 25 to 30% funded. moody's has suggested that they would have to double property taxes to pay off the pension debt over 30 to 40 years. you can't do that in a city. no one is quite sure how chicago will pay off the pension debt. you have
PBS
Dec 2, 2013 8:30am PST
into implementing property taxes. he also said they would increase supply twin plot to control housing crisis. however don't recommend board until the pasta compared to what happened for me really wanted to know what the designers that about sixty thousand us dollars per month and a job there. that enter the bidding for job hunting and china kicked off recently and this new job there. a lot of people's attention and e commerce business with you for what the designer for the relatively obscure the high calorie about a hundred thousand in the kicking down the list for months. thousands of job seekers are now competing for the opposition the head of the business explained that because of the right professionals are scarce now they're willing to pay hike dollars to attract more talent the secretary of guangdong e commerce industry association. now they're about two hundred thousand kill people. sure you commerce industry the app development e commerce the current calendar include the mini market demand although six hundred thousand college and graduate from university in england don't pop by to d
CSPAN
Dec 9, 2013 2:00pm EST
. be the grandt lastin that dominated the three or four or five years. they're looking at any tax hikes that have been demanded by democrats. we are looking at tax hikes. they are also not looking at significant cuts to medicare, medicaid, or social security, which are areas republicans say needs to be done. instead we are looking at pretty small things and haggling over whether to have federal employees attribute more to their retirement -- employees contribute more to their retirement plans. they are also looking at things a spectrum that is going to be sold to telephone companies. they are looking at a small budget deal that would replace some of the sequester, the automatic spending cuts that were launched in 2011 as part of a but -- part of a different budget process. host: like can't there right now? caller: --host: why can't there be a grand bargain right now? caller: because republicans and democrats can't agree. all ryan, the chairman of the budget committee, and patty murray decided they were not going to go after the towels of the other party and just try to get something that was poss
Al Jazeera America
Dec 4, 2013 10:00pm EST
with government getting bigger, taxes going up, what do you find in europe? very, very high levels of youth unemployment. hello? same thing's now happening to america's young people. i think the lack of upward mobility is a huge stachallenge nots just for young people, for lower income people generally and obama thinks the answer is to make government bigger. >> that's, i think, what caused the problem. >> i want to get to that in a moment. david, based upon what we have seen, it seems he is not concerned about the did he haed let's listen to that. >> we should not be stuck in a stale debate from two years ago or three years ago. a relentlyly growing deficit of opportunity is a bigger threat to our future than our rapidly shrinking fiscal deficit. >> david, rapidly shrinking, the deficit is going down. is he ignoring our growing $17 trilli $17 trillion debt and a deficit higher than the one he received from his predecessor? >> the debt is higher. we would be in much better economic shape and young people would have better job opportunities if we weren't shrinking so fast. we have gone from
CSPAN
Dec 8, 2013 1:10pm EST
of this century with the strategy a popular tax. many different kinds we lose the equivalency to be covered by radical infusion. receive matt mysteries in humor and novels in the connected the social groundings of far more important with those aspects that is either the of moderate set in opposition to the recuperating urge with all human efforts to speak outside the cage and all fronts that are signified best journalistic science lacks reliable reference. of both popular and high literary culture to be the tumultuous commissioned of the virgin and modes of thought in the in antebellum period a and choreographed the three stretches completely. rather than read the the high renaissance to read those as burst by wide popular writing immediately with the perceived reality the results with the political point of view to reanimate the of the blind alley. and then the first instance with the social engagement of the practice but he does so while incorporating and modified critical forms. john browne did jacksonian america did each marked with the hard work of three big it always a pleasure to eng
CSPAN
Dec 7, 2013 2:00pm EST
used for qualified planned rules are overly complex and understood only by a limited number of tax professionals. a small business can not apply to them without professional help. it is a small set of professionals that deal with these rules and these rules are only going to apply to businesses for a few years. for that reason, facts and circumstances -- based on who controls day-to-day business is a much more logical rule in the statute or committee reports could list characteristics of management control and taxpayers would be able to make a judgment. -- a judgment as to whether they did --what constitutes what constitutes the employer for purposes. >> thank you, ms. walker. i would like to yield to the ranking member to introduce our last member. >> it is my pleasure to -- she serves at the hub for international insurance services. she provides compliance and consulting services regarding health plans and other employee benefits. regarding health plans and other employee benefits. in insurance by business insurance and was selected as one of the 25 most influential businesswomen
CSPAN
Dec 5, 2013 7:00am EST
with tax incentives, to come back to the united states and start building our manufacturing base and get these lewd college jobs. are thelar jobs foundation of this country. there are very little now. back,if those jobs came -- in order for blue-collar jobs -- the argument for raising the minimum wage -- if you had those types of jobs -- for a person to survive on a blue-collar wage, what would it have to be? jobs -- ase-collar industry becomes better and better, the incentives and the increase in income will come along with that. that is what i am saying. there are no opportunities. the young people are restricted as to what they can do. if you have just a high school education -- i only had a high school education. the jobs were there when i came out of high school. it was not i thought. a kid with a high school education is pretty much in a deadlocked situation now. if he can even get a job. that is what needs to be done in my personal opinion. host: david in florida. caller: good morning. i believe that you are totally impartial and the way you do your job. thank you. i agree with a
PBS
Dec 5, 2013 8:30pm PST
and of course domestic concerns continue over at the papal consumption tax hike in two thousand fourteen up weighing on investors' minds however prime minister she was odd that has repeated his government's stance that on his garden cart growth plans which he really hope so will pull the economy through so some domestic issues to focus on as well by every means the things seen a drop in the dollar where we this morning exactly especially from tuesday's local side the pairing right now. dollar yen hundred and one point eight pc to eighty five. it has talked to as i said compared to hundreds people in thirty seven inches on tuesday investors selling the dollar and concerns about the fact the scaling back its monetary easing programme and also taking profits from the recent dollar's rise against began. now all eyes are going to be on the u s jobs data released later today. euro yen the european central bank on thursday left its benchmark interest rates unchanged during and right now two hundred and thirty nine points fifteen to twenty it also slightly upgraded its outlook for growth in the reg
PBS
Dec 1, 2013 6:00pm PST
the minute that this is laden with risks and problems with morning sun just about everything. taxes and death no count suggests the worst air and higher taxes. eu membership month it's as scotland can forget about it the trident nuclear program david cameron claims getting rid of it is a bad idea in case of north korea nuclear attack. my teeth and the roaming charges the immobile fellas if the split happens at the list is on its top the project here by the yes camp and they accuse the government of scaremongering stopped in to vote no and this is the white paper will prove that independence would bring about a jobs bill and a thriving economy concerns that resonate with voters this white paper answers some six hundred and fifty question and said that details give me the marquee their two main categories here one knows it will be negotiated during the transition period and another ideals to be made to become independent scottish government is in deed for warmth. they promise and eat a lot of breaking down of all the policies they want to pursue the system. what a sad little supply the hall to
PBS
Dec 4, 2013 7:00am PST
the transparency of the taxing illustration businesses develop with the help of state run programs as the two thousand twenty vistas brokeback industrialization programme exporter two thousand twenty produced in two thousand twenty as well. this is also reflected in increased tax revenues last year they rose by fifteen percent in about two three billion dollars this year we expect that these figures will be exceeded. don't assume the burden you with them when you went from the receiver. that is set to launch its second communication satellite cuts at three into space in two thousand fourteen and start production of its own satellites in two thousand fifteen. this is made by the deputy chairman of the kazakh national space agency mena been called the get go at the center communication service media briefing according to him the production will be launched in cooperation with colleagues from russia the modernization of the rocket launch facility is scheduled for two thousand the team. this will increase the capacity of missiles a completely replace the proton rocket. home edition is a thus we
CNBC
Dec 5, 2013 1:00pm EST
part that was far bigger than their tax revenues would ever be able to support. their original dream, they were going to be able to grow into that spending. they didn't. so they had to cut spending. were there incredible costs? absolutely. gdp sunk dramatically. terrible youth unemployment. but those things were going to happen anyways because the governments had been borrowing. and delivering to people a standard of living that their productivity level was never going to be able to support. so decision day was going to come at some point. that's what it's led to when you see the garbage piled up in greece and spain because people go on strike because they're mad about the budget cuts. but where's the money going to come from? >> absolutely. well, the money would come from more borrowing. >> right. >> but, you know, i still question whether or not they're going to be able to do that next year. what are you hearing? >> i think ireland is a slam dunk. i think they'll be aible to do it. portugal is still questionable. greece, it's going to be up to whether or not their european partners
CNBC
Dec 3, 2013 9:00am EST
names. >> stocks up, too. you're not going to have that big tax loss fear. a lot of people saying i can find inexpensive tech, i don't need to go into the cloud. although apple is saying this is about ibm being wrong and apple being right. >> there has been an expectation of a china mobile deal. >> yes. >> unbeknownst to most people who hold the stock. that being said, 740 million china mobile subscribers, there is a fairly large audience they could conceivably be addressing to try to buy smartphones. >> do you remember the conference call that was the open rebellion against tim cook? it was withone of these things e i thought it was 1948 where stillwell had just lost china and now he's making a move. he did not lose china. >> we'll see. that fortune story has a lot of people talking about whether china mobile makes a big move in this direction, having not carried their phones till now. >> maybe samsung -- don't hear a lot about samsung having a revolutionary new phone. >> no, although they've got a lot of new patents, they're going to do the curve thing or fold thing. >> maybe they hav
CNBC
Dec 6, 2013 6:00am EST
nothing with intiethsmentes, nothing with tax reform, nothing with -- just paying for some, you know, trying to lessi inen the effect sequestration. >> look at the different points on the board. at this point in the game, we'll take that, right? >> and then the other thing that i just wanted to mention in following up on our conversations is what's going on in china? my man. my man. for the democratic party, i'm with biden. did you see, they send him over to china, boom, done. send my man joe over there who is like yeah, yeah, pats a couple can people on the back, tells a couple of jokes, takes back a couple of things he said and everybody is friends. he does it here, too, but it's already fixed over there. >> we have joe on here. >> carries out the plan and -- blow hardy. you send joe over, boom, done, fixed. thanks, joe, .and then they go out to a club probably. i don't know. anyway, back to wall street's top stories this morning, the november november jobs report current nonfarm payroll, it's 180. do you know the number? you know the number? no, you don't know the number a lot. >>
CSPAN
Dec 3, 2013 10:00am EST
by some now is not the time to raise taxes, yet the house budget cannot produce spending bills from the appropriations committee that can actually pass on the house floor. in some cases, they appear to not even be able to pass from subcommittee. all the while we're looking at a sea of unmet needs and face a floundering economy. there is one area that can help break the logjam, not solve all our problems, certainly, but help us significantly along the way. congress should address the critical needs of our nation's infrastructure deficit. roads, bridges, transit systems are all increasingly at risk. we are facing an inadequate state of repair, construction of new facilities are on hold and we are losing ground in meeting our own needs, let alone the challenges of global competition. yet, this challenge is an opportunity for some potential progress. we know what to do to meet this challenge. we can write a new transportation bill that will meet today's needs. it just needs more money. there is a vast coalition that supports additional resources for infrastructure. the so-called special
Bloomberg
Dec 6, 2013 2:00pm EST
stumbling blocks? issue is if you don't use taxes and you don't dos with entitlements, how replace those sequester cuts? lots of ideas on the table, but each has its own issues, critics. some of the ideas, for example, aviation security fee for passengers every time they get plane. airlines don't like that. passengers don't either. some lawmakers call it a tax. aftere trying to go federal, woulders, make them contribute more to their retirement plans. withdoesn't sit well democrats. democrats also hoping to extend emergency unemployment benefits. more time they want that part of the mix. republicans don't like that idea. they think the emergency benefits should be canceled at this it point. john boehner hasn't closed the door completely on the issue, but it's one of the stumbling blocks. and after the report, deirdre, sell.ld be a tougher >> what if there's no deal? what's plan b? both sides are saying we want to avoid anything we can to not have a government shutdown. john boehner has said that there would be at a minimum, by the lawmakers leave for the holidays on friday, at least a te
PBS
Dec 9, 2013 2:00am PST
times didn't make a mean cocktail come back in nineteen ninety so the idea was to throw away the tax bucks home to see amy's all of the year on more technical nights i don't like a man and actually physically go out with their feet with their angst. is it absurd and violence that we're pretty much familiar with but haven't been eating being paying much attention to it so that the taxes we could steal people young professionals and the gentle pop and even with our liking of background to co opt the ban on cd in the sec night. this is you know certainly sounds very exciting but how does the in taiwan and reacted to such a program in her own. we picked three different don like the detectives events in taipei. once we brought them to wash and went on into the creative part. people usually go there to attend activities in second time above and to see and hear him one of them. most antique places you'll go shopping and go see a movie and then the sky when we bought them to the old part of taipei the west side of taipei where we had beautiful architectural building so we send them out in t
MSNBC
Dec 5, 2013 3:00am PST
'll implement any of the policies he's talked about, raising the minimum wage, whether he's going to limit tax breaks for the rich, that, of course, is policy will be a lot harder for him to actually do. >> but he had to do that. you had a report coming out showing that income disparity had gotten much worse since 2009 and shows that this is not just a republican issue or a democratic issue, it's an ongoing crisis. >> social mobility is a concern. social mobility in america is lower than in europe. is that the way americans think of themselves they have lower social mobility than in the country you threw over and threw off because we had -- i don't think it feels that -- that's not what americans feel. >> it's counter intuitive. i grew up hearing british people and french people coming to this country, we're coming here because we feel we're so chained down by class structure and all of these obstacles. in america you can come here and be anything you want to be. that's what i heard. >> it's harder. >> it's getting harder. >> i do think that's a problem. it's also the whole discussion about mi
CNBC
Dec 5, 2013 6:00am EST
is traveling. >> enough not to pay taxes? >> no, no, i do pay taxes here. and the rates in new york with sales tax and everything and income taxes, state income taxes are roughly the same rate. so the tax equalization. i don't pay double. it gets offset. >> i don't know what that says, now we're equal to -- >> it's about 50%, basically is the marginal rate. >> you think that's fine? >> well, the british government reduced it from 50% to 45% and i thought that was wrong at the beginning of the conservative coalition because they said they were doing it to try and increase entrepreneurial activity. i think the best way to do that is a capital gains tax, not income tax. so i think that was misplaced. and i think at a time when people were worried about inequality and equality, which was high on the political agenda, i think it was the wrong thing to do. >> it brings up a lot of issues about income equality. and we know the one thing that solved income equality is growth and jobs. growth and jobs. not entitlements, not redistribution, it's growth and jobs. and some of the efforts to do it the othe
CNBC
Dec 4, 2013 6:00am EST
. >> they have to cut some deals. sears was a big -- >> right. but the tax revenues, whatever you get there, you're probably losing it as people leave unless you do something this. don't get me started. >> well, the governor said even though the senate passed it, the house -- >> they didn't have an auto industry or a bailout in illinois. that's purely just mismanagement of the whole pension situation. >> but it's failing to put the money in they've promised he year. there's a lot of states that promise these things and -- is. >> the whole detroit thing we'll talk about. it's a tough one because on the nightly news you'll see every retiree. they'll say, if a dollar is cut out of my pension -- >> and by the way, tier not making massive pensions. >> i know that. but right now, there's no city services. >> and detroit is a unique situation because you have seen a loss of the people living there. you can no longer support the infrastructure that was there for 1.5 million people when you see the numbers decline. >> and the journal has a piece and it sounds cold and heartless, but if public unions are
Bloomberg
Dec 8, 2013 10:00pm EST
or sub headline of this third quarter revised gdp from japan is also the anticipation of the sales tax increase. ahab these companies falling back on inventories in anticipation that people will pare back buying after that increase. it lacks you hit it right on the head. on one hand, they gave. with the other hand, they take away. they lay on the sales tax. that squelches consumption. what they need to do is become with theironsistent taxation policy and realtor reform instructional reforms in general. >> they are almost passing the buck on to japanese consumers. >> that has always been the issue. we hope that the consumer sort it out. i think they are on the right track. if the consumer is behind the policy is behind the government, you really want to get japan right. you do have some political will and national sense of purpose. it is a question of whether they will stop making the wrong decision. >> we have talked about japan, but there's a lot more to talk about come including china, thailand, and all the rest. stick around. we will talk about that. the, investors welcoming latest
Bloomberg
Dec 9, 2013 4:00am EST
to swiss banks. francine come over to you. >> the u.s. is clamping down on offshore tax evasion. asked buts are being on regulars to participate in a program with american authorities. manus cranny's here at the latest on the story. is this the end of swiss banking secrecy as we know it? >> definitely a turning point. the french and the u.k. all depended on the whistleblower case. with the u.s. goes up in legal battering ram you can be pretty sure the rest will follow. wars on the cards as a department of justice saying listen, you can have a waiver, you can have an exemption, you have to sign up. the regulator and switzerland is saying get on board, get over yourselves. there are 300 banks enough to make the decision with the to join in on a voluntary program with the disclose information or indeed run the risk of quite significant fines and prosecution. >> that is a concern. if you don't sign up now voluntarily, further down the line they could have huge fines. be excluded from doing business in the usa. that is a critical part of the story. >> thank you, manus cranny. brazil's regulators
CNN
Dec 7, 2013 6:30am PST
have come in, in part, because of the tax hikes which created less damage. the fact is washington getting out of the way is a pre-condition for the private sector. >> i'll let austan weigh in on that. 92,000 federal jobs lost overall this year. do you think washington in action and sequester is hurting holding back the growth? >> it is holding back the growth. i thought it would hold back growth more than it did. i think most of the private sector who look at the economy for 2013 say that the austerity and the fiscal drag cut at least one point or almost two points off the system. i think austerity did not help the growth rate. >> i figured you would be opposite sides of the fence. >> 1% of the 1.5% is the tax hike. 1% of the drag this year out of the 1.5. >> i agree with that. >> meantime, signs this week that maybe i don't know, maybe the bailout -- automakers may be worth it. gm and chrysler, double digit numbers. treasury department planning to sell the last of its stock in gm by the end of the year. so interesting to me. do you think this proves what was first president bush
Al Jazeera America
Dec 9, 2013 10:00am EST
top an elaborate tax regime had a was aimed at extracting as much money from aid agencies as possible. there were fees that aid agencies were forced to pay. it ranged from $500 to $10,000 in some cases. and there were additional taxes levied on aid agencies. they ranged from individual projects. at the same time al-shabaab was able to apply a robust monitoring and supervising of aid agencies where they recruited recipients of aid to report on humanitarian workers. in the end one could argue that these activity versus saved lives on the part of humanitarian workers, but at the same time it became a source of revenue for al-shabaab. >> so what are you recommending from this report, from your research. >> reporter: well, one of the challenges that aid agencies face are the laws and counter terrorism regimes that exist in the west. if they're exposed they could be prosecuted for this. one of the recommendations in the report there needs to be a conversation about the intent of these laws. the intent of these laws was not to starve people to death. obviously it was to make sure money does
PBS
Dec 1, 2013 5:30pm PST
. the cd remained firm on their pledge not to raise taxes. social democrat leader cyclone gabrielle first the party's rank and file to back the agreement in a referendum next week. he has acted was acquitted grand coalition has written a coalition agreement for regular people to carry out their responsibilities every day. is there some water cannons to stabilize fairness and social balance in our country and this week's upset about austin is none of these yet. spd members accept the deal chancellor under the miracle could be re elected to a heectedndrm in midember i began. italy's senatebefore voted onednesday t expel former prime minister silvio berlusconi following his conviction for tax fraud the decision meansravis county loses his parliamentary immunity and could face arrest in connection with other legal roceedings against him. they include with an underage prostitute and abuse of office. the vote was preceded by heated debate between supporters and opponents doomadgee imagine that this is a historic dayor italy just for them to the rule of law has been strengthened because it's cl
NBC
Dec 7, 2013 6:30pm EST
more about tax advantage tax savings plan. ♪ >>> they came out of the gate last week and led the giants 14-0 in the first half. welcome to "redskins showtime" i'm chick hernandez. after a season-long drought in the first quarter the
CNBC
Dec 2, 2013 4:00am EST
. had he to raise taxes in order to cut the $11 billion deficit. raising taxes is not something that's designed to make you very popular as well as cutting government spending. i spoke with the finance minister and he's pretty b buoyant. the public outcry on that, people are pretty pleased. i did ask him, is this just kicking the can down the road. take a listen. >> we have to reduce government expenses in a way that will not hurt all the services we want to give to the government. the fight for efficiency in all the governments around the world is a hard fight. we know now things we didn't know before about how to do it because we've been doing it for quite a while. this is why things are better now. i think we're going to have a new fiscal rule which will allow us to reduce government expenses in a way that will allow us not to raise taxes. >>ing where do you see that in order not to raise taxes in 2014, 2015. >> i can tell you we're not going to hurt the budgets of education because we are an education modulated government and of course health and welfare. these are the budgets th
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